GM Posts Q3 Net Profit of 3.3 Billion USD, China Business Profitable for Eighth Straight Quarter
On October 20 General Motors released its 2026 third-quarter results: Q3 net revenue of 50 billion USD, net profit of 3.3 billion USD, and adjusted EBIT of 4.1 billion US…
On October 20 General Motors released its 2026 third-quarter results: Q3 net revenue of 50 billion USD, net profit of 3.3 billion USD, and adjusted EBIT of 4.1 billion USD at an 8.2% margin. Its China business posted profit for the eighth consecutive quarter. GM narrowed its full-year adjusted EBIT guidance to 14.5-15.5 billion USD, reflecting steady performance even as price competition in China's market remains intense. The result highlights how foreign automakers with strong local partnerships are defending margin in the world's largest EV market.
Source: Cailian Press, Oct 21, 2026 | 2026-10-21
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